Zeke Company sells a single product. The selling price per unit is $32 and unit variable cost is $24. Fixed costs forthe year are $100,200.What if selling price goes up by 13%, variable costs go up by 11% and fixed costs go up by 13%? What is the newbreakeven point in units?Do not round any intermediate calculations. Round your final answer up to the nearest whole number.

Breakeven point is the point of sales where the contribution is just equal to the fixed costs. The…

Answered: Zeke Company sells a single product.…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Gladstorm Enterprises sells a product for $46 per unit. The variable cost is $34 per unit, while fixed costs are $9,300. Determine the: Round to the nearest whole number of units. a. Break-even point in sales units b. Determine the break-even point in sales units if the selling price increased to $59 per unit units
Atlantic Company sells a product with a break-even point of 6,355 sales units. The varlable cost is $75 per unit, and fixed costs are $197,005. Determine the following: a. Unit sales price b. Break-even point in sales units if the company desires a target profit of $44,795 units Previous Next MacBook Air
XYZ company currently sells 15,000 units a month for $50 each, has variable costs of $10 per unit, and fixed costs of $300,000. The company is considering increasing the price of its units to $60 per unit. If the price is changed, how many units will the company need to sell for profit to remain the same as before the price change? Select one: O a. None of the given answers. O b. 7,500 O c. 11,250 O d. 9,000 O e. 12,000
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Break-even point of the new product is 12,000 units a month. Fixed cost is 800,000 dollars a month and variable cost is 20 dollars per unit. Based on the information above, which of the following is a selling price of the new product? Note: Round off your answers to 2 decimal places. Do not write the unit anymore.
igelow Inc. sells a product for $1,200 per unit. The variable cost is $816 per unit, while fixed costs are $3,120,000. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $1,232 per unit. a. Break-even point in sales units units b. Break-even point if the selling price were increased to $1,232 per unit
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A product sells for $30 per unit and has variable costs of $18.00 per unit. The fixed costs are $960,000. If the variable costs per unit were to decrease to $16.50 per unit, fixed costs increase to $1,080,000, and the selling price does not change, break-even point in units would: Multiple Choice O O Equal 6,000. Increase by 24,828. Not change. Increase by 4,000. Decrease by 24,828.
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Davis Corporation manufactures a single product. The selling price is $340 per unit, and variable costs amount to $68 per unit. The fixed costs are $16,500 per month. What will be the monthly margin of safety (in dollars) if 200 units are sold each month? Select one: a. $82,375. b. $70,375. Oc. $47,375. Od. $12,375.
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